Global Gaming Network, Inc. Announces New Division to Offer Low Cost Text Messaging Service
LOS ANGELES, CA, Jun 13, 2012 (MARKETWIRE via COMTEX) --
Global Gaming Network, Inc. (PINKSHEETS: GBGM),
www.GlobalGamingNetwork.net, announced today that it had formed a new
division to offer low cost (SMS) text messaging services to third
party publishers and distributors, utilizing its proprietary software
that will offer a dramatically reduced cost option to the major
carriers high priced and extraordinarily lucrative short code
"We're pleased to expand our present operations by providing third
party publishers and distributors a competitively priced SMS
transmission service. Short code delivery is controlled exclusively
by the various telco carriers. It has placed them in the position of
setting their own prices and controlling the 'gateway' to delivering
text messages to mobile phones in the United States. If a company
wants to operate a SMS based delivery system, it is now at the mercy
of the telco carriers, known to charge as much as $.04/message,
making it prohibitive for most small to medium size companies to make
a profit on their distribution operations.
"Our proprietary system will eliminate a company's need to go to the
telcos for short code distribution. We believe there exists an
opportunity to offer companies a method of distributing SMS at a cost
effective and efficient manner that will undercut the competition,"
said Stephen Kern, President of GBGM.
About Global Gaming Network, Inc.:
Global Gaming Network, Inc. is a developer, distributor and
aggregator of digital entertainment and sports information for online
and mobile platforms.
This press release contains certain "forward-looking" statements, as
defined in the United States Private Securities Litigation Reform Act
of 1995 that involve a number of risks and uncertainties. Statements,
which are not historical facts, are forward-looking statements. The
Company, through its management, makes forward-looking public
statements concerning its expected future operations, performance and
other developments. Such forward-looking statements are necessarily
estimates reflecting the Company's best judgment based upon current
information and involve a number of risks and uncertainties, and
there can be no assurance that other factors will not affect the
accuracy of such.
SOURCE: Global Gaming Network, Inc.
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